Abbott Laboratories is a major manufacturer of pharmaceuticals and other medical products, including nutritionals, devices and diagnostics. Abbott employs more than 72,000 people. The company had 2008 revenues of about $29.5 billion, according to MarketWatch. From the company's Abbott Park, Ill., headquarters, GC Laura Schumacher heads the equivalent of a midsize law firm, with 162 lawyers and a combined force of 328 including staff. The legal department budget runs to "tens of millions" of dollars, she said.
August 06, 2009 at 12:00 AM
1 minute read
Abbott Laboratories is a major manufacturer of pharmaceuticals and other medical products, including nutritionals, devices and diagnostics. Abbott employs more than 72,000 people and markets its products in more than 130 countries. The company had 2008 revenues of about $29.5 billion and has a market capitalization of $71.1 billion, according to MarketWatch.
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